The UK Government has officially granted a Development Consent Order for the Springwell Solar Farm in Lincolnshire. This major planning approval allows the joint project between EDF power solutions limited and Luminous Energy to move toward the construction phase. Once it is fully operational, the site is expected to generate enough renewable electricity to supply more than 180,000 homes every year, helping to secure the UK's future energy mix.
Global hospitality firm Banyan Group has announced its first US project with the launch of Banyan Tree Residences West Palm Beach. Developed alongside Mast Capital and Curated JCZM Development, the luxury tower features 88 homes designed by a collective of world-renowned architects and designers. The project marks a major milestone for the brand as it brings its signature wellness-focused residential model to the South Florida market.
SLP has officially broken ground on SLP Park Tien Du, a major ready-built factory development in Bac Ninh province. This project marks the eighth venture for the industrial developer in Vietnam. Situated within the Dai Dong Hoan Son Industrial Park, the facility will provide over 74,000 square metres of Grade-A space. The development is designed to meet growing demand for operational-ready infrastructure amongst global manufacturers.
CapMan Real Estate has agreed to forward fund two significant residential developments in Stockholm through a partnership with Reliwe. The projects in Barkarby and Flemingsberg will deliver 478 new apartments and 10 commercial units to the region. Both sites are positioned for high connectivity, situated within 25 minutes of Stockholm city centre. The transaction is expected to close in March 2026, with construction beginning shortly.
Egypt has secured partnerships with US, UK and French firms for the $1 billion Mont Galala project in Ain Sokhna. The development features 10 towers and a 150-berth marina. Construction begins in late 2026 with a seven-year completion timeline. The project aims to establish the Red Sea coast as a global hub for yacht tourism and international conferences through sustainable, mixed-use infrastructure and world-class hospitality.
PGIM Real Estate and Northstar Capital have acquired 51 Tuas View Link in Singapore for a major logistics redevelopment. The partnership will replace existing warehouses with a 1.1 million square foot, five-storey facility designed for sustainability. Located near the Tuas Mega Port, the project targets the city's supply-constrained industrial market. This investment follows PGIM’s US$3 billion transaction year in 2025 and focuses on creating long-term value through modern, ramp-up infrastructure.
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